Tones Of Melanin Shark Tank Update

HBCU-licensed collegiate apparel blending streetwear and vintage fashion

DealNow:ThrivingFashion & BeautySeason 14, Episode 22Norfolk, VAby Ashley JonesWebsite

What Happened to Tones Of Melanin After Shark Tank

Is Tones Of Melanin still in business? Yes — still in business and thriving.

$1.4M

reported annual revenue

  • Deal with Mark Cuban for $300K/12% closed
  • Only HBCU brand by HBCU grad sold at Fanatics, Belk, Dick's Sporting Goods
  • First HBCU athleisure brand pitched on Shark Tank
  • Over 40 HBCU licenses; sold in 18+ Follett bookstores
  • Over $50,000 donated to HBCU causes
  • Expanded to Greek style, school wear, accessories, legacy collections
  • Nearly 50,000 Instagram followers

Last verified Apr 4, 2026.

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The Tones Of Melanin Shark Tank Pitch

Ashley Jones of Norfolk, VA pitched Tones Of Melanin on Shark Tank Season 14, Episode 22, which aired Friday, May 19, 2023, asking for $300,000 for 5% of the company — a $6M valuation.

Mark Cuban agreed to invest $300,000 for 12% equity, valuing the company at $2.5M. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S14E22May 19, 2023
Ask
$300,000for 5%
Ask Valuation
$6M

Deal Terms

Amount
$300,000
Equity
12%
Valuation
$2.5M